Contact Information

Self Storage Details

  • Price: $1,400,000
  • Purchase Method: Cash
  • Number of Storage Units: 169
  • Acreage: 5 acre(s)
  • Square Footage: 22,400 sqft
  • Occupancy: 95%
  • Year Built: 1984
  • Cap Rate: 8.5%
  • Property ID: 296826
  • Posted On: Oct 9, 2012
  • Updated On: Apr 13, 2020

Property Description

Original owner since 1984. Fully gated and Key Pad access gate. 8 each 2400 SF Buildings; Three buildings just built in 07, along with 3200 SF two story office building. 150 L/F of Highway frontage along US 301 in city limits of Starke, FL. The office and buildings sit on 2.4 acres completely fenced and adjoining 2.5 acres is available for expansion.

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Financial Information

Gross Income $140
Operating Expense $25
Net Operating Income $120
Expense Ratio 17.9 %
Debt Info